Joondalup at a glance
10,487
People
$1,000,000
Median sale
$658/wk
Median rent
3.42%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
WA › Joondalup › Lakeside Dr
For sale
For sale
8
Bedrooms
6
Bathrooms
4
Car spaces
378 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
No recorded sale price for this property yet.
Local land rate: recorded House sales in Joondalup (last 5 years) with land size have a median of $1,671/m² of land (n=39). Districts calculation from recorded sales — not a valuation.
Joondalup at a glance
10,487
People
$1,000,000
Median sale
$658/wk
Median rent
3.42%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 378 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $658/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 378 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Joondalup at a glance
10,487
People
$1,000,000
Median sale
$658/wk
Median rent
3.42%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals TWT RealtyOne Title...Four Income Streams...Endless Upside!
If you've been waiting for an investment opportunity with genuine scale, flexibility and serious earning power, this is the one to move on.
60 & 62 Lakeside Drive, Joondalup residing on the same lot as multiple dwellings, must be sold as one, presenting a rare chance to secure four separate income streams across two part residences in one of Joondalup's most in-demand pockets. With a combined current return of $2,076 per week, this is a standout opportunity for investors wanting immediate income with plenty of future upside still on the table.
Each address offers a 3 x 2 main residence plus separate rear 1 bedroom studio above a double garage, creating a versatile setup that is already delivering strong returns, while also opening the door to a range of future strategies. With all current leases on a periodic basis, the next owner has the freedom to retain the excellent existing tenants, negotiate fresh lease terms, optimise the rental structure, or tailor the property to suit a high-demand student accommodation model.
And that's where this opportunity becomes even more compelling...
Positioned within walking distance to Edith Cowan University and North Metropolitan TAFE, and just moments from Joondalup's shopping, transport and health precincts, this is exactly the kind of location that attracts students, professionals and long term tenants year after year. Whether you're chasing a high performing set and hold investment, a strategic addition to your portfolio, or a unique income producing asset with multiple pathways for future growth, the possibilities here are hard to ignore.
Why this one demands attention -
- 60 & 62 Lakeside Drive sold together as one holding
- Same lot / one purchase
- Four separate income producing components
- Strong combined rental return of $2,076 per week
- All leases currently periodic, providing flexibility for the next owner
- Opportunity to retain and secure excellent existing tenants
- Ideal setup for student accommodation, co-living or multi-tenant leasing
- Rare opportunity in a proven high demand location
- Flexible investment with immediate income and future upside
- A standout addition to any portfolio in Joondalup's thriving education precinct
- Built 2000
Why location plays a huge part -
- Walking distance to Edith Cowan University Joondalup Campus
- Close to North Metropolitan TAFE and Joondalup's education precinct
- Minutes from Lakeside Joondalup Shopping City
- Easy access to Joondalup Train Station and public transport
- Close to Joondalup Health Campus
- Surrounded by cafés, restaurants, retail and everyday conveniences
- Convenient freeway access for easy connectivity north and south
This is not just a property purchase - it's an opportunity to secure scale, return and flexibility in one strategic move. With strong income already in place, leases offering immediate options, and a location perfectly suited to ongoing tenant demand, 60 & 62 Lakeside Drive is the kind of investment opportunity that savvy buyers know not to sit on for too long.
Viewings by appointment only due to tenancies - Contact Stephanie today.
**Please be advised internal images included are limited and not current due to tenancies in place, a viewing is always recommended.
Listing description written by Stephanie Briers, Professionals TWT Realty — reproduced as published, not verified by Districts.